General Atlantic hires Andrew Crawford

The global growth equity firm is bringing on Crawford as a managing director in New York.   

General Atlantic, a global growth equity shop is hiring Andrew Crawford as a managing director for its New York office.  Crawford will lead global investment activity in the retail and consumer sector. General Atlantic’s most recent investments in this sector include Tory Burch and AND Designs. 

Mr. Crawford joins General Atlantic from Advent International, where he has been a principal focused on retail and consumer investments. At Advent, he led or co-led and served on the board of directors of a number of investments including Bojangles, Charlotte Russe, and Five Below. He also worked with lululemon athletica and Shoes For Crews.

General Atlantic has been in the news recently for its investments in financials. The company acquired two Chicago-based options trading firms last month, OptionsHouse and TradeMonster Group. The firm invested in both and merged them shortly after. The new, merged company will remain in Chicago, and will be better positioned to compete against the large options players which are typically situated inside big banks.

General Atlantic acquired OptionsHouse from another Chicago-based private equity firm – Peak6.  The firm is currently looking for a CEO for the new company.

General Atlantic also owns a stake in Jersey City, New Jersey-based KCG Holdings, the successor firm to Chicago-based Getco, which bought Knight Capital Group Inc. in 2012.